Why is IZMO falling/rising?

As of 07-Jul, IZMO Ltd's stock price is currently at Rs 420.00, reflecting an increase of Rs 12.2, or 2.99%. The stock has shown strong performance recently, gaining 17.94% over the last six days and outperforming its sector by 3.63% today. It opened with a gain of 2.26% and reached an intraday high of Rs 420. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive factors contributing to this rise include a low debt-to-equity ratio, significant growth in operating profit at an annual rate of 37.13%, and positive results over the last three quarters, including a 113.54% increase in PAT. The stock's valuation appears attractive, with a price-to-book value of 1.7 and a PEG ratio of 0.2, indicating that it is trading at a fair value compared to its peers.
In the broader market context, IZMO's short-term performance has significantly outpaced the benchmark, with a 1-week return of +17.65% compared to the Sensex's -0.20%. While the stock has struggled year-to-date with a decline of 24.22%, its recent gains suggest a recovery trend, particularly in light of the company's strong financial results and growth metrics. However, it is worth noting that investor participation has decreased, with delivery volume falling by 62.04% against the 5-day average, which may indicate caution among investors despite the stock's positive momentum.